ETF Insider: Bullish On Equities
Wall Street regained some lost ground last week as investors appeared less fearful to jump back into the equity markets. Corporate earnings were mostly upbeat, although several big financial institutions missed estimates while Apple and Google both blew past analyst predictions. Emerging market equity indexes also ended the week in green territory. Gold took a breather from its upward surge and traded sideways all of last week, managing to set an all-time high at $1,610 an ounce on Tuesday. Crude oil on the other hand slowly crept up from $96 a barrel on Monday and ended up closing right under $100 a barrel on Friday. Weekly Outlook The coming week is stacked with several major economic reports on the international front , while investors at home will be kept even as a round of data from the housing and manufacturing sectors hits the street. U.S. Consumer Confidence on Tuesday will [...] Click here to read the original article on ETFdb.com. Related Posts: May ETFdb Category Kings: Best Performing ETFs ETF Insider: Buying Opportunities After Panic Selling World Cup Of ETFs: Plays On All 32 Countries Central Bank “March Mayhem” Puts Currency ETFs in Focus WisdomTree Tweaks Seven Equity ETFs
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